Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

I'm doing my 2017 taxes. I have income from a part time job…

Customer Question
I'm doing my 2017...

I'm doing my 2017 taxes. I have income from a part time job I have following retirement. I also get retirement income from the state and railroad retirement,

Accountant's Assistant: These retirement benefits are supposed to help us but they can be so complicated! The Retirement Expert will help you get the most benefits properly. Please tell me more, so we can help you best.

I am wondering why I'm being taxed on my work income and pension income and Social Security benefits.

Accountant's Assistant: Is there anything else the Retirement Accountant should be aware of?

Can you explain this for me

Submitted: 20 days ago.Category: Tax
Show More
Show Less
Ask Your Own Tax Question
Answered in 10 minutes by:
4/3/2018
Tax Professional: Lev, Tax Advisor replied 20 days ago
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,695
Experience: Taxes, Immigration, Labor Relations
Verified

I will definitely verify your calculations.

Please list here all lines from your 1040 form with amounts.

I will verify if all calculations are correct.

Ask Your Own Tax Question
Was this answer helpful?
Ask Wallstreet Esq. Your Own Question
Wallstreet Esq.
Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
Satisfied Customers: 586
586 Satisfied Customers
Experience: 10 years experience

Wallstreet Esq. is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,451 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

56 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,124 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
Retired receive a monthly pension GROSS 1260.0 single 0
Retired receive a monthly pension GROSS 1260.0 single 0 exemptions only federal withheld, am being told federal tax withhold monthly same as married 0 exemptions monthly? Is this right? … read more
Lev
Lev
Tax Advisor
32,695 satisfied customers
My US Navy retirement income is about $31,000. The net pay I
My US Navy retirement income is about $31,000. The net pay I recieve is adjusted by premiums for a spousal benefit when I die. Also, I pay health insurance premiums. What is the taxable amount? Gross,… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
My child receives pension benefits due to wife passing away.
My child receives pension benefits due to wife passing away. These benefits are then put into a UTMA account. I know a return is filed for my child because of this unearned income but does he have to … read more
Dr Arthur Rubin
Dr Arthur Rubin
Doctoral Degree
24 satisfied customers
I am a retired State Farm Employee on company pension. I
I am a retired State Farm Employee on company pension. I have a W2 that has in box 12 a code M $17.19 and code N $4.02 and I can not figure out where to enter these amounts on my 1040 form … read more
Lev
Lev
Tax Advisor
32,695 satisfied customers
Is military retirement income taxable in the state of
Is military retirement income taxable in the state of Hawaii . I asked this question before and was told that military retired pay was not taxable in Hawaii.what's your opinion?… read more
Lev
Lev
Tax Advisor
32,695 satisfied customers
Why are my retirement benefits on my 1099R taxed at 6%? No
Why are my retirement benefits on my 1099R taxed at 6%? … read more
Lev
Lev
Tax Advisor
32,695 satisfied customers
I'm retired only income is my pension and, And my social
I pay out of pocket for a caregiver - $32,000 - I am bedridden. My total income is $58,000 - do I key the caregiver salary are a medical deduction? … read more
keeperumiami
keeperumiami
Sr Financial & Tax Consultant
Bachelor\u0027s Degree
1 satisfied customers
I am retired us citizen collecting ss benefits, my incom is
I am retired us citizen collecting ss benefits, my incom is smal and I do not pay any taxis, I have disabled child who is collecting 1/2 disabled ss benefits, I decided to move permanently to Poland, … read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,939 satisfied customers
I receive police disability retirement (non tax) state and
I receive police disability retirement (non tax) state and federal however; I have a 1099R. how do I note this or should I and where on the tax form? … read more
Cole Parker
Cole Parker
Principal/CPA
Bachelor\u0027s Degree
87 satisfied customers
Are Non-Service-Connected Pension benefits for Veterans
Are Non-Service-Connected Pension benefits for Veterans taxable income … read more
Lev
Lev
Tax Advisor
32,695 satisfied customers
I am a retired California pension recipient living in
Hi - I am a retired California pension recipient living in Hawaii. I have two pension sources - one from San Francisco and one from San Diego. The San Diego 1099R designates $34,993.91 as taxable (box… read more
Lev
Lev
Tax Advisor
32,695 satisfied customers
In Georgia State Income tax exempts pensions from tax up to
In Georgia State Income tax exempts pensions from tax up to $65,000 but it does not double it for married couples filing jointly. Our (my) pension income is $125,000 and we pay GA tax on $60,000. Can … read more
abci168
abci168
Principal
27 satisfied customers
I am a retired Veteran drawing a pension. I received 1099R
I am a retired Veteran drawing a pension. I received 1099R from Dept of Def. Is my retired pension from military taxable in Minnesota? I thought a new law went into affect last year making military pe… read more
Lev
Lev
Tax Advisor
32,695 satisfied customers
Wife and I file jointly and are retired with pensions from
Wife and I file jointly and are retired with pensions from State of NJ. Also have unearned income such as dividends etc. No earned income. If we move from NJ to SC in 2018 in middle of year and claim … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
931 satisfied customers
I am a retired judge. I have a large state pension. It IS
I am a retired judge. I have a large state pension. It IS NOT taxed in Illinois. If I move to Missouri, do I have to pay Missouri income tax on the pension. … read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
931 satisfied customers
Reporting pension and social security income on both Forms
Reporting pension and social security income on both Forms 1040 and 1041? … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
If my only income is state pension and rental income from
Hi If my only income is state pension and rental income from property, can I claim marriage allowance from my wife as I am not employed or self employed but still complete a tax return and pay tax at … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am presently retired and receive a pension from the State
I am presently retired and receive a pension from the State of MA although i live in CT. My wife is planning on retiring in June of 2018 and will receive a pension from the state of CT. I also receive… read more
Lev
Lev
Tax Advisor
32,695 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x